This rally wll be sustained until May based upon the fraud of TG & AIG funneling "profits" into the big banks via payoffs of the CDOs. C and BAC will have nice "Profits" from Q1, that will lure sheeple into the market for one more shearing.
Think of a Tsunami...first there is an earthquake you dont see (TG & AIG fraud) that causes the waters to pull back (this "rally") and expose pretty shells (high returns on stocks). Then the wave crashes in and drowns those foolish enough to venture out to pick up those shells.
Wall Street Breakfast: Must-Know News [View article]
Come on sheeple, TARP (I prefer BARF) is nothing more than welfare for those who gave big political contributions. congress is a bunch of thieves
Chuck Schumer is on CNBC saying the "assets" in BARF are worth 65 cents on the dollar, BS! they are really worth about 22 cents. We are screwed! We are being stolen from and our grand children will have to pay it off.
This Rally May Have Legs - Bespoke [View article]
Think of a Tsunami...first there is an earthquake you dont see (TG & AIG fraud) that causes the waters to pull back (this "rally") and expose pretty shells (high returns on stocks). Then the wave crashes in and drowns those foolish enough to venture out to pick up those shells.
Wall Street Breakfast: Must-Know News [View article]
Chuck Schumer is on CNBC saying the "assets" in BARF are worth 65 cents on the dollar, BS! they are really worth about 22 cents. We are screwed! We are being stolen from and our grand children will have to pay it off.
Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [View article]
aoxomoxoa - we do have an energy policy in the US. It is: "send your money to Exxon et al".
There are some bio techs out there that could make ethanol realistic, if only that the big oil guys dont buy it up and bury it.